Diamics, a Novato, CA-based company that develops molecular-based cancer screening and diagnostic systems, has secured a $6 million equity investment from Inverness Medical Innovations. The deal gives Inverness, a leading diagnostics company […]
Arthritis Imaging Device Backed by Regional Group
Cartesia Dx, a Pittsburgh-based company whose technology uses three-dimensional and thermal images to spot inflammation, is the latest startup to receive backing from a local life sciences support group. Pittsburgh Life Sciences […]
Stem Cell Engineering Company Raises $25 Million
Novocell, a stem cell engineering company based in San Diego, has raised $25 million in a Series C round. Led by Johnson & Johnson Development Corporation — with participation from existing investors […]
PreMD Inks Licensing Deal with AstraZeneca
PreMD, a Toronto-based company that makes heart-disease and cancer screening tests, has signed a licensing agreement with big pharma for what’s being touted as the world’s first test to use skin cholesterol […]
Changes at Oncologix Reflect Med Tech Focus
Oncologix Tech, a former long-distance phone company that in January sold off its primary assets to focus exclusively on its medical device subsidiary, has taken steps to further its commitment to the […]
Strong Showing of Healthcare Firms on FSB 100
Fortune Small Business is out with its annual FSB 100, a list of the most successful small public companies in the U.S. Almost a quarter of the list (21 companies) is made […]
North Carolina Firm Puts New Twist on Brachytherapy
CivaTech Oncology, a startup based in Research Triangle Park, NC, that’s developing a device for delivering more consistent radiation to prostate-cancer patients, has raised $800,000 in an oversubscribed private financing. The funding […]
Cytori Forgoes Drugs for Devices
Cytori Therapeutics may be on to something. The San Diego firm is using stem and regenerative cell therapies to develop products for treating cardiovascular disease and performing reconstructive surgery. But unlike so […]